What is Physical Distribution?
What is Physical Distribution? Physical distribution is the action of handling the circulation of products starting at the source to the consumption. It involves the warehousing inventory, processing of orders, and management of the inventory and it constitutes an essential component of distribution logistics. This enforces that goods pass smoothly through the supply chain in […]
What is Inventory Aging?
What is Inventory Aging? Inventory aging is another term for stock aging and refers to the time that items stay in inventory without being sold. A business can avoid problems with its stock and old items by considering inventory aging. It plays a key role in shaping decisions that have cash flow and inventory turnover […]
